By:- Mr Vinod Francis, SGM & Chief Financial Officer, South Indian Bank
“The RBI’s decision to maintain the policy rate enhances stability and will sustain India’s strong credit growth momentum. A predictable interest rate environment encourages businesses to invest, expand capacity and execute growth plans, while giving households greater confidence to make long term financial commitments. This policy stability will continue to support healthy credit demand across MSMEs, retail and commercial banking, underpinned by resilient domestic demand and continued investment activity. At South Indian Bank, we will continue to support customers across these segments through timely and responsible credit, backed by disciplined underwriting and relationship led banking. We remain focused on strengthening our deposit franchise, enhancing customer experience and maintaining a resilient balance sheet to support sustainable and profitable growth. The proposed rationalisation of the guidelines on interest rates for advances is a welcome step towards improving transparency, enhancing customer understanding and strengthening monetary policy transmission.”